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medicare cuts and no more limit on how much the government can borrow. and then there's the tax hike on higher-earning americans. republicans aren't buying it. >> there is just no reason why 98% of americans have to see their taxes go up because some members of congress on the republican side want to block the tax rate increases for 2% of the wealthiest americans. >> i'm just flabbergasted. i looked at him and said, you can't be serious. i just have never seen anything like it. >> if they cannot reach a deal by new year's day, nearly every american will end up paying more in taxes. >>> public school students in five states will soon spend a lot more time in the classroom. a new three-year pilot program will be announced today in colorado, connecticut, massachusetts, new york, and tennessee. 20,000 students at those select schools will spend an extra 300 hours per term in class starting next year. it will be up to local districts to decide if school days or school years should be extenzed. >>> very interesting approach there. >>> and a church in boston could soon be seeing a huge infl
for previously and i hope they're not going to continue to ask for is essentially the dismantling of medicare. we debated it during the presidential with paul ryan's proposal to put -- turn medicare into a voucher system. so when it comes to looking for savings in medicare, there's ways to find savings without breaking the guarantee that we've had to our seniors for the last several decades. i think democrats, again, have demonstrated repeatedly that we're willing to compromise, but the republicans have to come to the table, especially around revenue. so the question frankly needs to be proposed to the person running the republican caucus, and that's grover norquist, who is not a member of this house, to say that the pledge that people should honor is the pledge to the u.s. constitution and not the pledge to grover norquist. >> speaker boehner was on fox news on sunday, and he says as he described negotiations, we're nowhere, period. we are nowhere. 29 days to go. we have some analysts such as our first read team that say the real negotiations won't begin until mid-november. already you have wall
. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pharmacy saver program, you can get prescriptions for as low as $2 at thousands of pharmacies in retail locations like these, all across the country. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making me
're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for gen
? they attack him. for the entire campaign all we heard about was how obama wanted to cut medicare. so which is it? i it he cut too much or he doesn't cut anything? and where is there offer? if they say they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on entitlements. if the president is in favor of changing entitlements, all he has to do is say i agree these ar
programs would be cut by $400 billion, most coming for medicare and, quote, end of war savings peter barnes and others reported many times as being dubious because they counted the previous budget you have another trillion plus in cuts. that according to politico is the deal, steve murphy is a former campaign manager for dick gephardt and in d.c. today. from the democratic of view anything i just say or just said sound unreasonable? >> i don't think it sounds reasonable except i don't think it is enough. i don't think either party is being realistic about the enormity of the debt and deficit issue. what you just described is a very easy deal. it is sitting on the table, most of it is automatic. of the deal isn't reached in any case which is going to prompt something getting worked out but we need to cut about more than that. we are spending 23% of our gdpp federal government is, in one fashion or another and taking in 18% and that is not going to change all that much with the outlines of this deal. the democrats are not realistic about how much has to be cut and republicans are not realisti
't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for clinton era tax rates and wants top earns to pay 39.6%. he said when that was the rate in the '90s there was was good economic growth and strong private investment. said republicans would rather raise revenue closing the loophole and limiting deduction need the time to realize that might not bring in enough cash. >> that is a good set of propose is and good for the economy. if they have suggestions, they want to go further, lay it out to us. >> secretary geithner said he cannot promise we won't go off the fiscal cliff. speaker boehner says he is doing everything he can to avoid the cliff but acknowledged that there is a chance we will in fact go over the edge. >> thank you. >> shannon: now if the country does go over the fiscal cliff marx worry there could be cutback to entitlement programs like social security and medicare and
standardized medicare supplement plans, it helps cover some of what medicare doesn't pay. to find out more, call today. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ i'm glad you came >> not everybody's glad she came. you're loo
. there is no republican proposal. for spending cuts in medicare or anything else. you can't have a deal unless both sides make proposals. and right now all we have is a tax proposal from the democrats. we have no spending proposal from the democrats. we have no tax proposal from the republicans. we have no spending proposal from the republicans. and we've been at this now for a couple weeks, really since the day after the election. that's why some of us are a little pessimistic. >> a couple years. because the reality of it is whether you're going back to the sequestration bill of 2010, 2011 or you're talking about what is now known as the fiscal cliff. neither side has been very willing to really deal with the nuts and bolts, the reality of tax rates, reality of spending cuts, the reality of tax reform. that's really what next year's going to be all about. right now i just don't see -- i mean, can we just get real here? we're talking five weeks tops before the end of this lame-duck session, end of the year. and these guys are going to get done in five weeks what they haven't been able to do in five month
with you. that's next [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. are you looking for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. call now. jenna: we have this fox news alert that has something to doith iran and something
like social security and medicare and medicaid. they should consider who won and who needs to be considered here. why? because the nobodies is the big shots like they call them also have a stake in how this deal gets cut. and that's "hardball" for now. thanks for being with us. "the ed show" starts right now. >>> good evening, americans. welcome to "the ed show" from new york. the republican plan to solve the fiscal cliff is the same one america rejected on november 6th. this is "the ed show." let's get to work. >>> flabbergasted. i said he can't be serious. >> john boehner finally puts a plan on the table. >>> and breaking news the middle class gets the shaft. richard wolffe and molly ball on the republican political theater and the white house response. >>> bob costas issues a common sense relief for gun control in the wake of the kansas city chief murder suicide story. and the right wing just explodes. >> bob costas based on the standards of our society today deserves to be fired for these remarks. bill roden and dan gross respond. >>> corporate profits break records aga
that there will be a tremendous political consequence on things like cuts to medicare. lori: those cuts, as you know, nearly not enough. the second quarter gdp reading extremely disappointed. let's just call a spade a spade. we know hurricane sandy will shave another point or so off of growth. >> i think it is. that is why despite all of this, what i think of as process, it is a lot of posturing. it is a lot of politicking. people still remain convinced that these guys cannot be serious. they cannot be serious about pushing us off the fiscal cliff because it will have bad responses to republicans. the obama people will be able to say you gave away the ability to keep taxes down on 98% of americans. and for the president, the idea that he would allow the taxes to go up, again, on appetizing for him given that he said he would protect the american middle class. lori: he said the same thing over and over again. how do you see this sorting itself out? >> from purely a political viewpoint, i did not see why anyone would not make a deal. the fear i have is they just kick the can down the road thing and they creat
mainly from medicare, not to mention spending cuts. that figure, at least $1.2 trillion, according to politico. let's bring in news nation political panel. nationally syndicated radio talk show host and msnbc contributor micha michael smir connish. zacha zachary carabel. zachary, as we look at this and what we know so far and the talking points that go back and forth, we haven't got specifics, details from the right. we hear what the left wants. isn't the onus on john boehner and the right to say exactly what they want. >> i think it's on the onus of everybody to give a little in this. everyone talks about the simpson/bowles commission as a template for across the board reductions of long-term spending along with tax increases. that would obviously be ideal. right now we're talking about $2 trillion of spending decreases plus tax cuts, which even though running a trillion dollars of deficits a year, that's over a ten-year period. we're not talking a huge dent in the situation here. granted, any progress is probably better than no progress. but what we are talking about versus the t
on a plan that he would like to see emerge telling the paper that he'd agree to hire medicare premiums for the wealthy and increase in the medicare eligibility age and slowing costs of living increases for social security. let's dig in now with molly ball, national political reporter for "atlantic" and also lynn sweet, washington bureau chief of "chicago sun-times." ladies, good afternoon. >> hello to you. >> molly, senator dick durbin saying right here on tuesday on "morning joe" that he could see $400 billion, at least $400 billion in entitlement cuts. is that going to be as hard of a sell to the left as raising rates will be to the right? >> in a word, yes. there are a lot of democratic groups right now really pushing for no changes to entitlements and no cuts to entitlements, medicare, social security and also medicaid is a big concern for a lot of unions, a lot of progressive groups who are really trying to push the democrats to hold their ground on this. however, the administration has signaled they could be open to some kinds of changes, potentially the kind of stuff that mitch
in cuts both in the form of cuts to entitlements, and other, like, medicare. and then some limiting of farm subsidies. and then $50 billion in additional stimulus spending, and some other measures. those are some of the -- just the big highlights, brooke. and i would add that secretary gheit meeithner made clear over weekend that the tax increases they would like to see would be a return to the clinton era rates for the top 2%. and some of this, you know, is what he laid out with the president laid out after the debt deal last year. so it is a proposal that is familiar from the white house, not something fresh and new. so the white house says, you know, the republicans shouldn't be shocked. republicans are saying we're shocked because it's not a compromise. they were expecting something different and more -- more -- more of an outreach and they say it didn't do enough to win them over. >> as you point out, the ball is in their court. we'll see how and when they respond. jessica yellin, thank you. keep us posted on the president's tweeting today as well. and i don't know if you caugh
made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign
? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> all right. this is the kind of breaking news we love to bring to you. everybody knows you never ask a woman unless she's pregnant and look at when's below the screen there. it's official. kate middleton
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savings in medicare. so, this is stalemate right now. now, these things always look horrible before they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> and democrats seem to be thinking that, if we go over the fiscal cliff, voters will likely blame the republicans for that. do you think that's true? or are democrats overplaying their hands? >> all of the polls show that right now. no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates -- ben bernanke, the fed chairman, fears that it will throw the country into a recession. that would hurt the whole country, of course president obama as well. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. if that indeed happen. >>> the president is also concentrating on recasting his new ca
a political calculation this offer doesn't remotely deal with entitlement reform that saves medicare, medicaid and social security from bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending criminals. >>reporter: the president now is demanding twice as much new tax revenue as he talked about in the campaign. >>shepard: thank you from the north lawn. kid would play contact sports could be damaging their brain before they get to college. there is a brand new study that shows how much damage a few hits to the head can do to a person and what it means for that person's long term health. that is next. and the story of the explosives, millions of pounds of explosives in a small town in louisiana, which is the real life home to the fictional town from "true blood." hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a
close or which medicare savings they would achieve. hold it right there, folks. loopholes, aren't we tired of hearing about loopholes? timothy geithner made appearances on all the sunday talk shows to hammer home the specifics of the white house plan. republicans tried to counter his presence using their favorite media source. >> timothy geithner scheduled a round of interviews, but friday afternoon speaker boehner's office said he wanted to come on fox news to tell his side of the story. >> gosh, i wish i could get those calls. fox news gave john boehner the floor but he showed up with nothing. >> we have laid it out for him. a dozen different ways to raise the revenue from the richest americans as the president would describe them. >> what's the biggest proposal you put on the table since the election in terms of raising revenue from closing loopholes and deductions? >> there's a lot of ways to get there, but you could cap deductions at a percent of income. that would be one way to get there. you could eliminate deductions for the wealthiest. >> let me ask you a couple specifics. w
anytime soon. if you're eligible for medicare, you might know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to request a free decision guide to help you understand medicare. and which aarp medicare supplement plan might work best for you. there's a range to choose from, depending on your needs and your budget. and they all travel with you -- anywhere in the country. best of all, you'll be joining the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. ♪ remember, all medicare supplement insurance
. some of it from medicare, another 50 billion in spending and new spending on infrastructure and stimulus spending. that's something that republicans aren't going to want to go to. the two sides are far apart. here we are on december 1st, the clock is ticking. if they can't come to a deal over the course of december, delay all the christmas vacations and then the nation does go over the fival cliff and some people are thinking about the unthinkable now, craig. yes, it all boils down to that tax rate and the white house is playing hardball. they are insisting that the votes are there. they are, in some cases, playing to the democratic base that wanted to see this all along in past negotiations, craig. remember two years ago when we had the same debate about extending the president's tax cuts the president caved and no one expects this to happen this time and yet the votes aren't there in the house of representatives, especially among republicans to pass. there's some question whether john boehner would even put a bill like that on the floor. so, right now, a standoff. but that
've got. it takes passion. and it's not letting up anytime soon. if you're eligible for medicare, you might know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to request a free decision guide to help you understand medicare. and which aarp medicare supplement plan might work best for you. there's a range to choose from, depending on your needs and your budget. and they all travel with you -- anywhere in the country. best of all, you'll be joining the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generation
. to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not part of the talks. so if they don't make a deal and if we do go over the fiscal cliff what does it mean for you. nearly everybody american will pay more taxes, between 2,000 and $2,400 per family. we enjoyed a 2% cut in payroll taxes. that will disappear. and the government will start cutting, $500 billion in spending, half at the pentagon and the other half from federal spending for education, transportation and food safety and research. all of that could send all of us back into recession. where do the talks stand? boehner says they are nowhere. and the speaker has a description for the president's negotiation style. he says it's roll over and d
. this is the pursuit of perfection. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. >> welcome back. a cabinet shake-up. new reports that president obama is closer to naming new members among the decisions, is who will replace secretary of state hillary clinton. will it be u.n. ambassador susan rice or john kerry? >> well, for d
medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actual like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> hillary clinton and merrl strep best friends. they posed for the dinner for the kennedy center. strep is a fan of the secretary of state. isn't that cute. they do photos. >> gretchen: those kennedy center honors are wonderful. especially the people who introduce them and hopor them . hilary clinton. >> brian: he should cast meryl strep as hillary
, what do the republicans want to cut? i mean, have they backed off the paul ryan plan to cut medicare have they backed off the plan for social security, and what is the plan? i think the president and the democrats and the country are waiting to hear. he made an offer. i'm a lawyer and deal with this and the other side why and we move to the middle. where is the republican plan. >> kelly: hold on a minute. you try to find that common ground. >> right. >> kelly: that common ground is so necessary now, which is why it goes back to my first question. the american people are begging congress and the president to act responsibly and we've got 30 days from now. what the heck is going on in washington? >> listen, the president has offered a base to start with, but it's pretty laughable. again, offering more surplus money and 1.6 trillion dollars of tax increases, that's not something that republicans can live with. but, dick, you are right we should go there with specifics and what we want to happen, but we do have a starting point from president obama. >> dick, where do you see this ending?
-cost printing. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop there. we'll cover 100% of your preventive services... like an annual physical and immunizations... and you'll have the flexibility to change doctors within one of the nation's largest networks, dedicated to helping you live a healthier life. other benefits can include vision and hearing coverage -- and the pharmacy saver program gives you access to prescriptions as low as $2... at thousands of pharmacies across the country, in
of this plan along with the $600 billion in saving including medicare that suggested in the $200 billion in additional spending, what part of this plan is a balanced or bipartisan approach? >> i bet john boehner things the grand bargain was good deal last year. the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going t
and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine days until we fall off the fiscal cliff. timothy geithner says the ball is in the republican report to compromise. >> i cannot promise that. that is a decision that lies in the hands of the republicans. if they recognize the reality that we cannot afford to extend those tax rates, we have a basis of an agreement. stuart: how was that for an introduction. before we launch into your talking points, and i know you well, i want to mention this. the founder of cosco, as you know, he app
that are coming at us is social security and medicare and the new health care law. >> reporter: now house democratic leader nancy pelosi is calling the speakers to bring the tax to the floor by tuesday or she will try to force a vote. boehner is not likely to buckle under pressure so it seems like a standoff. >> gregg: sfuaf. what a surprise? they want to resolve this fiscal crisis or lack in his real compromise. john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the president promised a balanced plan, a balanced approach. he must have said eight thousand times. then he finally puts out his offer, it's a plan that doubled the tax hikes that he campaigned on and it adds about $150 billion more, not less to the deficit in and new spending. to republicans with that kind of equivalent of lucy and the football and they are laying flat on their backs? >> republicans scoffed at this first fo
for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. neation's third largest bank laying off thousands of employees. city bank says the bank will slash 11,000 jobs. that's 4 '% of the workforce. many banks have cut jobs to save money since the 2008 financial crisis. citigroup had survived with the help of two taxpayer bailouts. meanwhile the economy still missing the mark on adding jobs nationwide. employers added fewer new jobs last month and economists were opening and expecting. according to the payroll firm adp the private sector added 118,000 jobs in november. analysts had predicted a gain of 125,000. members of c
that stood out to us was $600 billion in proposed savings in medicare reforms. how? in part by raising the age of eligibility to 65 to maybe 67. turning down the gop proposal, dan pfieffer said, quote, it provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve." let's head now to the white house and dan lothian. the white house will not offer a counter proposal, right? what's going on here? >> reporter: well, you know, i think the white house is digging in. the president said early on in this process that he would only sit down and really move forward, negotiate on this in any meaningful way if the tax hikes for the wealthy expired. and republicans have been pushing back on that -- tax breaks rather for the wealthy expired and republicans have been pushing back on that, say they go believe that will be harmful for the economic recovery because wealthy americans are the ones who are creating the jobs and helping to turn this economy around. that remains the big sticking point. those bush era tax cuts, whi
billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowering tax deductions, haven't given any specifics yet. brings us right to white house correspondent brianna keilar. good morning, brianna. >> good morning to you, soledad. yes, things are at an impasse here. i will tell you the white house after not being very happy with the pace of negotiations the week before last sent treasury secretary tim geithner up to the hill to outline this proposal. there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined
. they would cut medicare. they would cut $600 -- medicare meaning they would raise the age eligibility from 65 to 67. they would cut $600 billion in unspecified cuts. they'll cut spending. they don't tell us where. but it's not defense spending. those are social programs. they would cut another $800 billion or raise $800 billion in revenues they say by closing loopholes and getting rid of deductions. but again they don't tell where. what loopholes they would close. is it the mortgage interest deduction? we don't know. they do not specify. so again it is a lot -- it is filled with vague promises but here's the big difference. notice what is not included and what they say they will not do. they will not raise tax rates. they will not raise taxes on the top wealthiest 2% of americans. they say no way. no how will that be included. they're dead wrong. they're wasting time. when i saw that proposal yesterday, to coin a word, you know what my reaction was? i was flabbergasted! oh, my god. i was flabbergasted. >> thank you
-priced medicare prescription drug plan. with a low $18.50 monthly plan premium, select generic hypertension drugs for only a penny and in-store copays as low as one dollar on other generic drugs after deductible, saving on your medicare prescriptions is easy. so you're free to focus on the things that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. >>> welcome back to "weekends with alex witt." at the half hour now, much of northern california is taking cover from a storm that's dropping intense rain, flooding, mud slides all a concern across the golden state. but on the east coast, eerie fog greeted them. this is the view from times square. dylan dreyer is here with more details. >> we were talking about record-breaking high temperatures in the middle. so things are all over the place. and the main focus is what is going on across northern california. the good news is the heaviest of the rain that we saw is starting to push east. even tomorrow in san francisco, we'll see some sunshine before another round of heavy rain moves in tuesday night into wednesday morning
but no inflation to adjustments. republicans also want to raise the eligibility age for medicare. the white house does not. there are other differences. nothing matters more to the white house than breaking gop resistance to higher taxes on the wealthy. >> the president certainly has principles here that he intends to stick to which is that he will not sign an extension of the bush era tax cuts for the top 2%. >> erskine bowles said as big as the divide appears, despair is premature. >> that is just like a movie theater you go through each one of these. to get a deal done i am positive you will have to have increased tax rates on the top 2%. i'm also sure that the cuts that the president put on the table for health care entitlements will not be sufficient to get the deal done. >> reporter: republicans said many of their ideas reflected ideas put forward first by erskine bowles, but mr. bowles quickly put out a statement denying that, giving the white house an opportunity to gloat and question the republican seriousness in all of this. here at the white house, th
] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 convenient walgreens locations. so call and enroll today. remember, the premium is just $15 a month. don't wait. open enrollment ends december 7th. aarp medicarerx saver plus. call now or visit your local walgreens for more information. >>> in egypt, president mohammad morsi is calling for a referendum in two weeks on a controversial constitution. he made his appeals during a nationally televised speech today. the president's recent seizure of near absolute power has marred the legislative process and thrown the new democracy into turmoil. the co
in medicare reforms and 600 billion in spending cuts. because it doesn't contain tax hikes for the wealthiest americans or specifics about which loopholes will be eliminated, the president immediately rejected the republican proposal. want to know how far apart democrats and republicans are? listen to this. >> i think we're going over the cliff. >> it's unfortunate the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to figure out what works for them. >> the president's idea of negotiation is roll over and do what i ask. >> it's clear to me they made a political calculation. if their ideas are different from ours, we can't guess what they are. >> they need to be more specific. >> some specificity from them. >> he can't be serious. >> haven't even begun to be serious. >> we need to get serious. >> i don't think they're serious. >> i would say we're nowhere. period. we're nowhere. >> hard to disagree with that. we're nowhere. period. >> the cliff is grim, and no one is making new year's eve plans because everyone thinks this will be a real clinch
of the united states. erskine bowles' proposal included a $600 billion cut in medicare spending which he achieved by raising the medicare eligibility age. so republicans just proposed raising the eligibility age for medicare, a proposal that polls show is supported by a full 30% of the american people and rejected by only 67% of them. white house communications director dan fi officer rejected the offer and repeated that any agreement must include some higher income tax rates on top earners. the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax rates. if they recognize the reality that we can't afford to extend those tax rates, then we have a basis for the agreemen
at the army of aarp representatives that ensure that programs like medicare and social security, programs that take up something like 50% of our federal budget will remain intact and won't be subjected to the necessary reform to last for young people to ever reach them. the problem is that young people don't think life goes on after the age of 30. if you're on twitter and facebook, that's a long way away. why are you worried about entitlements? >> the funny thing is that president obama is using social media to do the exact same thing. for example, he will visit a virginia middle class family today. they were part of his twitter verse. that's why he chose them. he must think that talking to average americans might force republicans to change their minds about raising taxes on the wealthiest americans. >> well, if the most recent election is any indication, president obama is dead on right. he was -- he and his team were masters at social media in getting elected. and using social media to spread his message in nontraditional ways, ways that will be traditional in every election going forw
deal from country downouse that deal with medicare, medicaid and social security which are all going to fail and take this country down the road of grief. and until i hear something from the white house on that, i'm not going to say another thing on revenue. >> mr. obama will meet with his v vanquished republican rival, mitt romney. it's been several weeks, after all, since the election night when president obama vowed to ph.t with mitt romney. ga major garret, thank you. john dickerson is with us. at , good morning. there is a lunch at the white ofse. ossiblethe courtesy of it all, is it possible that something might come out of this like romney helpingy helping the president in some way? some >> something could come out of it. white house officials i've alked to say there's no agenda. ng todon't want to prejudge what eovernor romney might be innedsted in. the president in his press conference said there were some confer good ideas that governor romney had. you could get a little something out of this. we'llt this in the category of a formality and we'll look how ugh their picture i
don't slash medicare we're going to end up like greece. well, that's just stupid. >> stephanie: yeah. but you know this is what i have been talking about all morning. and i couldn't stop playing that clip for you from david gregory. sunday after the election should the president bring in mitt romney to negotiate the fiscal cliff. maybe the fact that grover norquist has a seat at the table, as if he won this election. >> i can see putting him in there, but the party is at least pretending to run away from him right now. >> stephanie: right. >> for all of the people who are running away from him, i think we should notice we are essentially arguing to bring the top marginal rate back up into the lower 30s. >> stephanie: exactly. i love the way you state. you say i have said it more than once it's not the president's job to tame john boner's tax reform um. he has no obligation to water these down just to get a deal down just for the sake of appearances. i mean that's exactly it. the president has more leverage than he obviously had last summer. >> and -- and -- if boehn
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